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International Oil Pollution Compensation Fund News

22 Dec 2016

Exhibition on Risk of Oil Pollution from Ships

The International Group is collaborating with the International Maritime Organization (IMO), International Oil Pollution Compensation Fund (IOPC) Funds and other industry organisations to produce an exhibition at the IMO to mark the achievements of the international community over the past 50 years to achieve a sustained reduction in major oil spills from ships; to establish effective systems for preparedness and response if there is an incident; and to create a comprehensive mechanism for providing compensation. In 1967, the grounding of the Torrey Canyon focused the world's attention on the risks and environmental impact of major marine oil spills.

14 Oct 2014

ICS: Oil Pollution Compensation Regime under Threat

Peter Hinchliffe (Photo: ICS)

The running of the global regime for compensation from oil pollution from ships may be under threat, due to a decision by governments to wind up the 1971 International Oil Pollution Compensation Fund (IOPCF), says the International Chamber of Shipping (ICS), the global trade association for shipowners. At next week’s IOPCF meeting in London, ICS, in conjunction with BIMCO and Intertanko, will argue that it is premature to wind up the 1971 Fund when there are still outstanding claims not covered by the current 1992 Fund.

09 Sep 2020

Rena Grounding Response Reviewed

(Credit: Maritime New Zealand)

Maritime New Zealand (MNZ) welcomed the release of the independent review of its response to the grounding of the Rena, and the announcement of $2 million of government funding to help improve New Zealand’s maritime response capability.The report, by independent reviewer Simon Murdoch, was released today by Transport Minister Gerry Brownlee.MNZ Director Keith Manch said the organization was already implementing a number of the review recommendations and the funding package would help MNZ develop a wider strategic and operational response to maritime incidents.In the review report…

26 Jun 2000

Lunde To Leave Intertanko

INTERTANKO announced that. Dagfinn Lunde, the Association's Managing Director who has so fervently fought for the tanker industry for many years, will leave his post on September 15, 2000, opting to resume , his career within international banking. Lunde, who has the ear of most of the world's leading marine industry policy makers, is well regarded and is considered to have done an excellent job during his five-year tenure as INTERTANKO's Managing Director starting with a major reorganization where senior INTERTANKO managers were tasked with the responsibility for looking after the needs of members in particular geographical areas. .…

05 Oct 2004

INTERTANKO members lobby MEPs in Brussels

INTERTANKO’s European Reference Group continued its promotion of INTERTANKO’s policies in Brussels last week. Numerous meetings were arranged with Members of the European Parliament from Spain, France, Germany, Italy, with transport or shipping attaches from Malta, Cyprus and the U.K., as well as with senior officials from the Maritime Transport Directorate. INTERTANKO’s main message remains that shipping is international and should be regulated through international rules agreed in IMO, while regional or national regulation, however well intended, often proves counterproductive. INTERTANKO underlined the need for much faster ratification of the IMO conventions, which would remove some of the pressure for regional or national regulation.